Madison Covered Call & Equity Strtgy Fd (NYSE:MCN) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $6.37 and traded as low as $6.17. Madison Covered Call & Equity Strtgy Fd shares last traded at $6.21, with a volume of 1,000 shares.
The company’s 50 day simple moving average is $6.37 and its 200-day simple moving average is $6.55.
The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Wednesday, September 18th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 11.67%. The ex-dividend date of this dividend was Tuesday, September 17th.
Madison Covered Call & Equity Strtgy Fd Company Profile (NYSE:MCN)
Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.
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